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Ukraine Signs Rare Earth Minerals Agreement with U.S.

May 1, 2025
in Business, Politics, World
Reading Time: 4 mins read
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Ukraine Signs Rare Earth Minerals Agreement with U.S.

Ukrainian Presidency/Handout/Anadolu via Getty Images

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In a major win for America’s economic and geopolitical interests, Treasury Secretary Scott Bessent announced a “historic economic partnership agreement” between the United States and Ukraine. This agreement, backed by President Donald Trump’s leadership, not only opens the door for significant American investment in Ukraine’s reconstruction—it also gives the U.S. access to Ukraine’s critical rare earth minerals, a resource vital to technology, defense, and energy industries.

According to a press release from the U.S. Department of the Treasury, the new agreement establishes the United States–Ukraine Reconstruction Investment Fund. This fund will allow both nations to pool resources and capabilities to help rebuild Ukraine’s economy while advancing American strategic interests.

Secretary Bessent emphasized that the deal was made possible through Trump’s focus on diplomacy:

“Thanks to President Trump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement,” Bessent said.

“This agreement signals clearly to Russia that the Trump administration is committed to a peace process centered on a free, sovereign, and prosperous Ukraine over the long term.”

Bessent added that this deal recognizes the “significant financial and material support” the American people have already provided to Ukraine since Russia launched its full-scale invasion. Now, the agreement ensures that support won’t just go to war aid—but will pave the way for American-led reconstruction and business development.

Rare earth minerals are essential for manufacturing everything from smartphones and electric vehicles to advanced missile systems and renewable energy technology. Currently, China controls about 60% of the global supply—but this new agreement gives the U.S. a much-needed alternative supply chain from Ukraine, which holds large, untapped reserves of these critical resources.

This is not just about economics. It’s about reducing American dependence on China and shoring up our national security and industrial base.

President Trump has repeatedly called out the dangers of relying on hostile nations for strategic materials, and this deal puts his words into action.

Ukrainian Economy Minister and Deputy Prime Minister Yulia Svyrydenko flew to the United States to help finalize the deal. She confirmed the signing in a post on X (formerly Twitter), celebrating it as a breakthrough that will:

Thanks to @POTUS @realDonaldTrump’s tireless efforts to secure a lasting peace, I am glad to announce the signing of today’s historic economic partnership agreement between the United States and Ukraine establishing the United States-Ukraine Reconstruction Investment Fund to help… pic.twitter.com/N1jPa35DYh

— Treasury Secretary Scott Bessent (@SecScottBessent) April 30, 2025

“Attract global investment into Ukraine.”

Her visit and the deal’s signing come after Trump publicly urged Ukrainian President Volodymyr Zelensky to move quickly on finalizing the rare earths agreement. In a recent post on Truth Social, Trump reminded the public that:

“Zelensky had not signed the final papers on the very important Rare Earths Deal.”

Clearly, that message was received.

While legacy media still tries to paint Trump’s foreign policy as chaotic, this deal showcases a strategic, peace-focused approach rooted in American strength and leadership.

Instead of endless wars and blank checks, Trump is pushing for partnerships that promote peace, prosperity, and security—while putting America’s interests first.

This agreement marks a major step in that direction. It strengthens Ukraine’s recovery, signals firmness to Russia, and gives the U.S. a competitive edge in the global race for rare earth minerals.

President Trump isn’t just talking about peace—he’s making smart, strategic deals that protect American jobs, boost national security, and put our nation in a position of strength on the world stage.

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